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WCRX - Warner Chilcott Plc


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Anyone have insight as to recent significant decline?  Company has declined much more than other pharma over the recent bear market.

 

The company is leveraged - did a levered dividend last year.  On a EV/EBITDA sell at a 5-6x multiple - similar to some other pharma.  However, because of cheap leverage it is selling at a PE of 3x.  Debt/EBITDA is about 2.0-2.5x. 

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